About 0000 Newell St 116/21,22
A blank canvass multi-family lot situated in the sought-after Point Loma neighborhood zoned RM-3-7 with Complete Community Tier 2 overlay. Boasting scenic views of downtown and Shelter Island, the property occupies a distinctive position within the desirable Roseville neighborhood, culminating in a quiet cul-de-sac setting and enveloped by residences of considerable value. Zoning: RM-3-7 with Complete Community Tier 2 overlay, allowing for a range of multi-family development possibilities. This property features a 2.5x (FAR), allowing for a buildable structure of up to 12,000+ sq/ft.* Lot Size: Approximately 0.11 acres (5,002 SF), providing ample space for creative architectural designs.* Proposed Plans: Explore the potential for nearly 12,000 SF of livable space, over 600 SF of balconies and roof decks, and a courtyard in the proposed 6-unit development plan.* APN: 530-351-10-00 This property lies just outside of the coastal overlay zone, eliminating the need for a coastal review.
Features of 0000 Newell St 116/21,22
| MLS® # | 240005077 |
|---|---|
| Price | $1,350,000 |
| Square Footage | 5,002 |
| Acres | 0.11 |
| Type | Lot / Land |
| Status | ACTIVE |
Community Information
| Address | 0000 Newell St 116/21,22 |
|---|---|
| Area | POINT LOMA (92106) |
| Subdivision | Point Loma |
| City | POINT LOMA |
| County | San Diego |
| State | CA |
| Zip Code | 92106 |
Amenities
| Utilities | Other/Remarks |
|---|---|
| Is Waterfront | No |
Additional Information
| Date Listed | March 1st, 2024 |
|---|---|
| Days on Market | 13 |
| Zoning | RM-3-7 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Listing Office | Marcus & Millichap |